Wall Street drops on ABC report on Russia probe

Image
Reuters
Last Updated : Dec 01 2017 | 10:05 PM IST

REUTERS - U.S. stocks fell sharply on Friday after ABC News reported former U.S. national security adviser Michael Flynn was prepared to testify that President Donald Trump directed him to make contact with the Russians.

At 11:19 a.m. ET the Dow Jones industrial average was down 147.1 points, or 0.61 percent, at 24,125.25, the S&P 500 was down 17.85 points, or 0.674201 percent, at 2,629.73 and the Nasdaq Composite was down 61.28 points, or 0.89 percent, at 6,812.69.

(Reporting by Tanya Agrawal)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 01 2017 | 9:55 PM IST

Next Story